Looking to diversify beyond EGRW.L? The ETFs below have the lowest correlation with EGRW.L — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from EGRW.L.
Best Diversifiers for EGRW.L
0 ETFs have low correlation with EGRW.L (below 0.3), 0 of which are negatively correlated. The least correlated is Franklin European Quality Dividend UCITS ETF (FLXD.L) (Europe Equities) with a 1Y correlation of 0.34, down from 0.55 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Franklin European Quality Dividend UCITS ETF | 0.34 | 0.43 | 0.55 | 88 | Europe Equities | EGRW.L vs FLXD.L | |
| L&G UK Equity UCITS ETF | 0.41 | 0.53 | 0.59 | 54 | Europe Equities | EGRW.L vs LGUK.L | |
| iShares MSCI Poland UCITS ETF USD (Acc) | 0.50 | 0.51 | 0.53 | 53 | Europe Equities | EGRW.L vs SPOL.L | |
| PowerShares EURO STOXX High Dividend Low Volatilit... | 0.53 | 0.64 | 0.69 | 80 | Europe Equities | EGRW.L vs EUHD.L | |
| Lyxor Core UK Equity All Cap (DR) UCITS ETF - Dist | 0.53 | 0.61 | 0.65 | 62 | Europe Equities | EGRW.L vs LCUK.L |
See all 30 diversifiers for EGRW.L
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements EGRW.L
Add EGRW.L to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with EGRW.L